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- LoopNet Team
700 River Rd
Mount Prospect, IL 60056
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- ± 89,999 SF (2.07 AC) | 300 feet along River and 300 feet deep
- Over 125,000 people in a 3-mile radius and 14,000 people in a 1-mail radius with an average HH income of $110,000
- ± 24,300 VPD
- Pylon Sign
PROPERTY FACTS
AMENITIES
- Bus Line
- Pylon Sign
- Signage
ABOUT 700 RIVER RD , MOUNT PROSPECT, IL 60056
On behalf of Ownership, the Chicago-Gold Coast office of Baird & Warner Real Estate, INC is pleased to present the following property located on 700 River Road, Mount Prospect, Illinois. This two story building includes approximately 14,000 ±SF with 13 multi-levels, 3 bars, waterfall, 5 bathroom, giant patio/beer garden, 200 plus car spaces. The subject property is situated on 89,000 ±SF (2.07 AC) parcel with ±300 feet of frontage zoned C4. Building has excellent visibility in a prime location on "River Road." The subject property is located in a mixed commercial and residential city settings near the banks of the Des Plaines River, edge of Cook County Forest Preserve and in between Golf Rd/Milwaukee Ave . Close proximity to many amenities. Ideal to continue running as restaurant/nighttime entertainment or to redevelop. REDEVELOPMENT OPPORTUNITY Excellent redevelopment opportunity in under-served area. Zoned Commercial C4. Mount Prospect. Mixed use development would be allowed with-in a special use permit. The subject property is surrounded by multi-family housing so it is "prime" for a mixed use redevelopment. This is a unique opportunity to acquire a large parcel?.?
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $40,535 | |
| Land Assessment | $178,215 | Total Assessment | $218,750 |
PROPERTY TAXES
